South Sudan seeks Russian investment in key sectors
President Salva Kiir invited Russian investors to develop agriculture, oil, mining, and tourism during the Russia-Africa Summit.
South Sudanese President Salva Kiir urged Russian and foreign investors to fund projects in agriculture, petroleum, mining, and tourism. Speaking at the Russia-Africa Summit in Moscow on Wednesday, October 28, Kiir stated that the nation's abundant natural resources present investment opportunities. He expressed support for the Russia-African Partnership Forum Action Plan 2027-2029 to foster mutual benefits.
President Kiir met with Russian President Vladimir Putin in Moscow, where Putin announced an increase in the scholarship quota for South Sudanese students to 40 for the 2026-2027 academic year. The two leaders discussed expanding bilateral trade and economic cooperation, with Putin noting that the potential of their relationship had not been fully realized. South Sudan's Petroleum Minister, Awow Daniel Chuang, also met with Russian Energy officials regarding the transfer of Petronas' oil shares to Zarubezhneft.
The Russia-Africa Summit, held on October 28-29, brought together African and Russian leaders to discuss trade, energy, technology, peace, and development. President Kiir advocated for a fair international order where global institutions serve all nations equally. He emphasized strengthening economic ties through mutual investment and fostering global economic and physical security.
Why it mattersSouth Sudanese citizens will have increased opportunities for higher education in Russia, and the nation aims to attract foreign investment to develop its natural resources.